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After a recent impressive surge, <a href="https://cryptoticker.io/en/token/TON">Toncoin </a>is now feeling the impact of the current market crash. Analysts are worried about its value dropping significantly. Could it really crash to zero? Let's take a look at this <a href="https://cryptoticker.io/en/token/TON">Toncoin price</a> article in more detail.
<h2 id="how-has-the-toncoin-ton-price-moved-recently">How has the Toncoin (TON) Price Moved Recently?</h2>
<figure class="image">
 <img style="aspect-ratio:1815/802;" src="https://cryptoticker-strapi-media.s3.eu-central-1.amazonaws.com/TONUSD_2024_07_05_14_58_16_4544d13b94.png" alt="Toncoin Price Prediction" width="1815" height="802">
 <figcaption>
 TON/USD Daily Chart- <a href="https://www.tradingview.com/symbols/TONUSDT/?aff_id=127958">TradingView</a>
 </figcaption>
</figure>
<a href="https://cryptoticker.io/en/token/TON">Toncoin is currently priced at $6.53</a>, with a 24-hour trading volume of $1.08 billion and a market cap of $22.69 billion, commanding a market dominance of 1.15%. In the past 24 hours, TON's price has dropped by 9.48%.
Toncoin hit its all-time high of $8.27 on June 15, 2024, and its all-time low of $0.523925 on September 21, 2021. The lowest price since its peak was $6.40, and the highest price since that low was $6.72. Despite recent fluctuations, the sentiment around Toncoin remains bullish, with the Fear &amp; Greed Index at 29 (indicating fear).
Currently, there are 3.47 billion TON in circulation out of a maximum supply of 5 billion TON. The yearly supply inflation rate is 1.25%, with 42.82 million TON created over the past year.
<h2 id="will-toncoin-price-crash-to-0">Will Toncoin Price Crash to 0?</h2>
<a href="https://cryptoticker.io/en/ton-price-prediction-toncoin-surge-or-dip">Considering Toncoin's impressive market performance</a> over the past year, it's unlikely that its price will crash to zero. The price has surged by 367% in the last 12 months, outperforming 90% of the top 100 crypto assets, including Bitcoin and Ethereum. Toncoin is currently trading above its 200-day simple moving average, a positive indicator of its long-term trend. Furthermore, it has demonstrated strong market activity, with 16 green days in the past 30 days (53%), and maintains high liquidity given its substantial market cap of $22.69 billion. Despite the recent 9.48% price drop, these factors collectively suggest a robust and resilient asset rather than one heading towards a crash. The overall bullish sentiment, combined with its significant market presence, points towards a stable outlook for Toncoin, making a crash to zero highly improbable.

Toncoin News: Will TON Price Crash to 0?

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